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The US Federal Maritime Commission (FMC) has reported on the progress of the Ocean Shipping Reform Act of 2022 (OSRA) and its impact on the industry. The FMC has received over 200 charge complaints…
Portchain has announced that the Port of London Container Terminal has signed a SaaS (Software-as-a-Service) agreement with Portchain Quay. This announcement comes on 19 January. This partnership is…
The Port of Los Angeles has seen a significant increase in container traffic in 2022, moving 9.9 million TEU, the second highest in the port’s history. This achievement solidifies the port’s position…
Volumes for the Northwest Seaport Alliance (NWSA) decreased by 8.8 per cent to 231,799 TEU in December 2022. While full imports decreased by 12.4 per cent, full exports experienced a growth of 14.9…
The US Federal Maritime Commission (FMC) has ordered Mediterranean Shipping Company (MSC) to pay furniture maker MCS Industries almost $1 million in reparations. The FMC awarded default judgment to…
COSCO SHIPPING Holdings has agreed to pay 5.5 billion yuan ($814 million) to buy a 5.8 per cent stake in logistics company COFCO Fortune. As reported by Reuters, this move is part of COFCO Fortune’s…
COSCO SHIPPING Tianjin, Hainan Harbor & Shipping, and Yangpu International Container Terminal have unveiled a new green, low-carbon smart photovoltaic (PV) power plant project. The news follows call…
The Baltic Exchange has released their container shipping report for January in association with Freightos and Vespucci Maritime, where they have forecasted a drastically different 2023 from 2022…
Ningbo-Zhoushan Port has achieved a container throughput of 1.05 million TEU in the first 10 days of January 2023. The figure stands 10.75 per cent above last year’s results according to the Ningbo…
Maersk Growth has announced an investment in Berlin-based, C1 Green Chemicals AG, a firm specialising in producing green methanol. Joining forces with the industry leader in shipping decarbonisation…
